KSR Management ApS
Private limited companyCVR 41127716AalborgActive
KSR Management ApS is a private limited company, based in Aalborg, active in non-financial holding companies, founded in 2019. The company made a loss in both 2024 and 2025, most recently DKK 40.2m. Equity fell to DKK 242k in 2025. Gross profit is higher than that of 90% of the companies in the industry in the database.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 86% (2024 → 2025), to DKK 17.8m.
- The loss grew: from DKK 29.1m to DKK 40.2m (2024 → 2025).
- Equity fell 99% (2024 → 2025), to DKK 242k.
Registrations, last 24 months
- 06/05/2026: Name changed from KSR Holding ApS to KSR Management ApS
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2020–2025 · amounts in DKK thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 115,152 | 138,618 | 151,850 | 146,510 | 123,784 | 17,849 | −85.6% |
| Operating profit (EBIT) | 10,945 | 14,175 | 10,748 | 3,142 | −35,347 | 4,021 | +111.4% |
| Profit before tax | 11,695 | 15,153 | 7,828 | 2,006 | −37,279 | 2,472 | +106.6% |
| Net profit | 9,065 | 11,761 | 5,942 | 1,604 | −29,090 | −40,177 | −38.1% |
| Total assets | 129,347 | 152,940 | 137,639 | 146,289 | 164,581 | 74,065 | −55% |
| Equity | 42,842 | 53,539 | 58,627 | 58,882 | 39,632 | 242 | −99.4% |
| Liabilities | 81,325 | 94,538 | 74,193 | 82,411 | 111,003 | 53,885 | −51.5% |
| Cash and cash equivalents | 13,849 | 6,334 | 6,125 | 3,271 | 4,018 | 2,284 | −43.2% |
| Average number of employees | 230 | 237 | 260 | 254 | 256 | 228 | −10.9% |
Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresLoss for 2 years in a row
Net result has been negative in 2024–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
Equity fell sharply
Equity fell 99% from 2024 to 2025 (DKK 39.6m to DKK 242k).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
Low equity ratio
Equity makes up 0% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 30/06/2026 | The group | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 01/07/2025 | The group | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 05/06/2024 | The group | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 20/06/2023 | The group | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 12/05/2022 | The group | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 17/05/2021 | The group | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Position in the industry
2,138 companies in the databaseComparison with the other companies in non-financial holding companies based on the latest financial year.
Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 1,823of 69,742 Better than 97% | No. 49,058of 69,964 Better than 30% |
| Same industry and fewer than 20 employees2,092 companies in the comparison | No. 182of 2,048 Better than 91% | No. 1,941of 2,092 Better than 7% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 2,315of 33,588 Better than 93% | No. 23,366of 33,687 Better than 31% |
| All companies of type ApS66,508 companies in the comparison | No. 2,863of 66,379 Better than 96% | No. 45,086of 66,505 Better than 32% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Non-financial holding companies- KSR Management ApSDKK 17.8m
- Heartland A/SDKK 19.9bn
- Andel A.M.B.A.DKK 5.6bn
- KSR Management ApS−DKK 40.2m
- Heartland A/SDKK 4.9bn
- Andel A.M.B.A.−DKK 2.9bn
- KSR Management ApSDKK 242k
- Heartland A/SDKK 39.2bn
- Andel A.M.B.A.DKK 29.5bn
- KSR Management ApS2
- Heartland A/S34
- Andel A.M.B.A.28
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Keld Stenbro Ramlov100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Keld Stenbro Ramlov | Director | 10/12/2019 |
Signing rule: Selskabet tegnes af en direktør alene.
Address and production units
1 active production unitsKærlundsvej 28
9000 Aalborg
| Production unit | Address | Employees | P number |
|---|---|---|---|
| KSR Management ApS | Kærlundsvej 28, 9000 Aalborg | 2 | 1025511022 |
Purpose
Selskabets formål er at drive investerings- og konsulentvirksomhed samt anden dermed efter direktionens skøn beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
10 registered events20262 changesaccounts 1 · name 1
- AccountsAnnual report for 2025 published
- NameName changed from KSR Holding ApS to KSR Management ApS
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20193 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as KSR Holding ApS
- ManagementKeld Stenbro Ramlov appointed director
- OwnershipKeld Stenbro Ramlov registered as owner (100%)
Related companies
Same industry in Aalborg
- Aalborg Portland Holding A/S31 employees
- Færch & Co. Group A/S24 employees
- Energyinvest Aps16 employees
- Nohrli A/S14 employees
- Malik Group A/S11 employees
- Quantum Gas Trading A/S7 employees
Same people in management
- Mariendal El-teknik A/Svia Keld Stenbro Ramlov
- Jwl A/Svia Keld Stenbro Ramlov
- Mariendal IT A/Svia Keld Stenbro Ramlov
- Budolfi Vin ApSvia Keld Stenbro Ramlov
Largest in the industry
- Heartland A/SDKK 19.9bn
- Andel A.M.B.A.DKK 5.6bn
- Norlys a.m.b.a.DKK 5.3bn
- Lauritzen Fonden Holding ApSDKK 4.1bn
- Per Aarsleff Holding A/SDKK 2.8bn
- C.W. Obel Holding P/SDKK 2.2bn
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.